Friday, January 20, 2017

Incoming Trump Treasury Secretary Wants to Enlarge the IRS

President-elect Donald Trump’s pick for secretary of the treasury, Steve Mnuchin, said at his Senate confirmation hearing Thursday he would like to increase the size of the IRS.

Mnuchin said that while some have questioned, including himself, the number of employees at the IRS, he would consider increasing the size of the labor force.

“The IRS headcount has gone down quite dramatically, almost 30 percent over the last number of years. I don’t think there is any another government agency that has gone down 30 percent. Especially for an agency that collects revenues, this is something that I’m concerned about,” Mnuchin said.